QuoteReplyTopic: Transfering freehold land to SMSF Posted: 26/April/2012 at 15:43
Is it possible to transfer vacant land which I freehold to my SMSF.
I'm assuming I can use the NSW VG's valuation to value the transaction and there will be the standard costs of transfer involved.
I'm looking into the matter ceiling level you can privately contribute per year also .. if someone has an informed view on this also it would be great.
I'm looking to develop it and thought the SMSF was the best avenue with tax concessions and the like.
I know there are a lot of other questions to answer and establish before I jump this way but why spend a lot of time looking at the other influences unless this get a tick..
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